Justin Trades an Office Building Located in Michigan to John

Multiple Choice

Justin trades an office building located in Michigan to John for an apartment complex located in North Carolina.Details of the two properties:
In addition,John pays Justin $3,000,000 cash as part of this transaction.What is the gain (loss) recognized by John in this transaction and what is his basis in the Michigan property?
Gain Recognized Adjusted Basis

A) $1,000,000 $9,000,000
B) $ -0- $8,000,000
C) $1,000,000 $6,000,000
D) $ -0- $9,000,000
E) Some other amounts